Many people are under the assumption that China and Russia forming a millitary bloc to counter the western NATO power, is a bit farfetched but think again. China and Russia are planning to hold large scale joint naval drills in the Mediterranean and Pacific next year, as deepening economic and political cooperation appear to be driving the two giants to at the very least discuss the idea of forming a military bloc. It should have come as no surprise as rising tensions between Japan and a rising China continue to drive the whole of asia towards instability, and the US seem to be staunchly in defense of the Japanese status quo despite China being the largest foreign holder of US debt. While the Ukranian debaucle sees almost every major western power giving Russia the cold shoulder. The two old powers are set to ramp up their respective military budget; China is set to spend an exhorbitant $132 billion on defense this year. Meanwhile, Russia is in the midst of a five-year $700-billion rearmament program, and has lately begun restoring Soviet-era bomber patrols across much of the West's airspace.
Read more at: http://www.csmonitor.com/World/Europe/20...z3JqTmJwBB
Read more at: http://www.csmonitor.com/World/Europe/20...z3JqTmJwBB